Rising Bond Yields and Oil Prices Weigh Down U.S. Stock Indexes
U.S. stock indexes fell to multi-week lows as rising bond yields, elevated crude oil prices, and geopolitical tensions fueled risk-off sentiment in markets. The S&P 500, Nasdaq 100, and Dow Jones Industrial Average all declined by more than -0.3%, with the 10-year Treasury yield hitting a 16-month high of 4.69%.
Topics: bond_yields oil_prices stock_indices